$EGLD is tightening… and the chart is whispering “move incoming.”

Elrond (#EGLD ) is trading around $4.70, hovering near the daily low of $4.67 after rejecting the $4.97 high. Short-term MAs are sloping down, signaling cautious bearish pressure, while price compression hints at a volatility breakout brewing. Volume remains modest, suggesting traders are waiting for confirmation before committing.

If bulls reclaim the $4.75–$4.80 zone, momentum could flip fast. Lose $4.65, and liquidity hunts lower become likely.

@EGLD is coiling — and markets love to punish hesitation. Stay sharp.

EGLDUSDT

Διην.

4.507

-4.29%